Cement News tagged under: India
Dalmia Cement announces CFO resignation15 October 2020, Published under Cement NewsIndia’s Dalmia Cement (Bharat) has announced the resignation of Jayesh Nagindas Doshi from the position of whole-time director and chief financial officer. The board has approved to relieve Jayesh Doshi from the closure of business hours on 31 October 2020. |
Gebr Pfeiffer's Indian subsidiary celebrates 20th anniversary12 October 2020, Published under Cement NewsOn 26 September 2020, the oldest of Gebr Pfeiffer's seven international subsidiaries celebrated its 20th anniversary. Employees of Gebr Pfeiffer (India) Private Ltd, based in Noida, near New Delhi, met at 11 am local time in a virtual meeting to celebrate the foundation. The ceremony started with some video speeches. First of all, Mathias Dülfer, Chairman of the Gebr Pfeiffer parent company, reviewed the success story of the subsidiary. This was followed by a video message from his fell... |
Nuvoco celebrates 'International Day of the Girl Child'12 October 2020, Published under Cement NewsNuvoco Cement celebrated 'International Day Of Girl Child' on 11 October 2020. Nuvoco's commitment towards women empowerment and contribution to the life of adolescent girls was reaffirmed by Mr Joydeep Chatterjee, Nuvoco Vistas Corp’s Chief Projects & Corporate Affairs Officer. Mr Joydeep Chatterjee said: "Guided by one of its core values, care, Nuvoco has worked at making a responsible and sustainable contribution to society. One such cause is offering girls and women the opportunit... |
Ramco Cements inaugurates new grinding unit09 October 2020, Published under Cement NewsIndia’s Ramco Cements has commissioned its new 0.9Mta grinding unit in Odisha. The plant represents an investment of INR7.1bn (US$97m). The company had been marketing around 1Mt of cement each year in Odisha, with the product being delivered from its manufacturing facilities in Andhra Pradesh. The unit uses German machinery and is equipped with energy-efficient motors and automatic packing machines capable of continuous operation and dispatch, according to the New Indian Express. |
JK Cement commissions 0.7Mta Gujarat unit09 October 2020, Published under Cement NewsIndia’s JK Cement has commissioned and begun commercial dispatches from its new Gujarat unit. "The company has successfully commissioned 0.7Mta of grey cement grinding capacity at JK Cement works, Balasinor, Gujrat, unit of JK Cement and also commenced commercial dispatches today, ie 8 October 2020," said the company. The company has now completed its planned 4.2Mta grey cement capacity expansion from its units in Rajasthan (2Mta), Uttar Pradesh (1.5Mta) and Gujarat (0.7Mta). |
CemProspects reports major developments in petcoke and freight08 October 2020, Published under Cement NewsThe CemProspects online conference continued yesterday by considering the major developments for the freight and petcoke markets going forwards. Starting with freight, Guy Hindley of Howe Robinson noted that the orderbook for the dry bulk fleet has fallen to 61mdwt – a low which has not been seen since 2005. Dry bulk trade is expected to reach 6.2bnt in 2020, with petcoke and cement representing 12.5 per cent of the total. The recovery of cement and petcoke trade in 2020 has supported the... |
CemProspects considers important energy markets07 October 2020, Published under Cement NewsAfter moving online this year, CemProspects 2020 began yesterday by looking at energy markets of importance to the cement sector. The first day of the session provided a considerable overview of the coal market. Carlos Alvarez Fernandez, International Energy Agency (IEA), considered the fundamentals and delivered an outlook that noted the considerable effects of the COVID-19 pandemic. Global energy demand is expected to drop six per cent in 2020, which will be the largest fall in 70 years.... |
Vicat in India’s solar journey06 October 2020, Published under Cement NewsVicat in India has been successfully embarking on its renewable energy journey, using a small-scale trial project as a starting point. Here the company shares the different phases of its project management approach and explains how the experience gained has led to larger solar installations at its two domestic cement facilities. By Vicat in India, India. Vicat in India’s 10MWp solar plant at the Bharathi cement works, Andhra Pradesh Founded in 1853, French multinational company ... |
Shree Cement plans new INR10bn plant30 September 2020, Published under Cement NewsIndia’s Shree Cement has received board approval to set up a new clinker plant in Baloda Bazar, Chhattisgarh. The unit could have a capacity up to 12,000tpd and is expected to represent an investment of around INR10bn (US$135.66m). Shree plans to finance the project through internal accruals and debt. It is expected to reach completion by the end of the 3Q22. |
India Cements expects improvement29 September 2020, Published under Cement NewsIndia Cements’ Managing Director, N Srinivasan, has announced that the company expects an improvement in performance going forwards. "With further relaxation of lockdown measures, there are expectations of increased public spending on rural infrastructure, irrigation, road building and other projects. This, along with a pick-up in individual home building and construction, is expected to improve cement demand," said the MD. Improving conditions in its key markets, such as in Andhra Pra... |